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    1. Home
    2. Leicester properties
    3. 1 bed flat for sale in Morledge Street, Leicester LE1
    Full property analysis
    OverviewAboutValue & compsReturnsDealAreaAgent & docsFAQ

    1 / 5

    No floorplan from the agent

    2, Morledge Street, Leicester, LE1 1ST

    1-bedroom flat · LE1 1ST

    807 sq ftEPC C1 bath
    Asking
    £70,000

    For sale · Listed 9 days

    Investor metrics
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    Opportunity summary

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    About

    The property

    Spacious 1-Bedroom Apartment in The Atrium, 2 Morledge Street, LE1 1st.

    A bright and contemporary one-bedroom flat set within the highly desirable Atrium development, right in the heart of Leicester city centre.

    This stylish home stands out with its high ceilings and striking skylights, creating an impressive sense of space and light throughout.

    Large open-plan kitchen/living area with exceptional natural light, enhanced by skylights and loft-style high ceilings Modern fitted kitchen with generous storage and worktop space Well-sized double bedroom Bathroom with shower over bath, offering both practicality and comfort Secure, well-maintained building Prime LE1 location, moments from shops, restaurants, transport links, and cultural hotspots Perfect for professionals or anyone seeking a modern, characterful city-centre home with standout architectural features.

    Key information

    Price per sq ft
    £87/sq ft
    Based on 807 sq ft (75 sq m)
    Floor area
    807 sq ft (75 sq m)
    0
    Council tax band
    Band C
    Estimated ~£1,600/year
    EPC rating
    C
    current
    Tenure
    Leasehold (103 years)
    Property age
    Built 2003–2006
    Local authority
    City of Leicester
    Unitary Authority
    Sign up free to see flood risk and more→

    Value & comps

    What is it worth?

    No previous sales on record.

    Comparable salesNo comps yet
    No comparable sales matched this property yet.

    Returns

    What does it return?

    Set an offer; the calculator follows it.

    Rent evidence
    Rental benchmark

    Nearby rental comparables

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    Local SA Market

    We're still gathering serviced-accommodation data for this area.

    Archie refurb estimate: a Pro feature·

    Feeds your report · not a commitment

    0.0% below asking

    Model

    Run the numbers.

    BTL · HMO · BRRR · SA · Flip — editable, saved scenarios
    Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios
    Investment Disclaimer

    This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

    All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.

    Past performance does not guarantee future results. Tax implications vary by individual circumstances.

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    Deal

    Is it a deal?

    ✨
    Archie’s verdict
    PursueArchie has scored this property.
    Sign in to see Archie's call — Pursue, Watch or Pass — with the reasons and a suggested offer.
    4/100
    Deal score · weighted
    Weak signals — move on

    Factor breakdown
    BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.
    0/25
    Yield potential—
    0/25
    Motivation signalsNot enough data
    0/25
    Days on market9 days
    4/25
    —
    Seller motivation
    Not scored yet

    Days on market9
    Price reduction—
    STC fall-through—
    Back to market—
    Agency change—
    EPC ratingC
    Listing timeline
    First listedListed at £70,00014 Oct 2026
    Still activeDay 9 on marketToday
    Strategy fit
    No strategy scores available yet.
    Article 4No HMO Article 4 held

    HMO Conversion Potential

    Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.

    Serviced Accommodation

    Pro

    See projected short-stay revenue vs a vanilla BTL for this property.

    Rent-to-Rent strategy fit

    Pro

    See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.

    Area

    The area

    Living here

    SchoolsLoading
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    Location
    More market detail▾
    LE1 · Live market data · flat only
    LE1 aggregates aren't available right now. The full comparables table below still loads — try refreshing in a few minutes.

    Agent & docs

    Move it forward

    Listing agent
    Merge Property Services logo
    Merge Property Services
    listed on zoopla
    01164844076
    1 Gaul Street, Leicester, LE3 0AU
    View on zoopla

    View more properties from this agent
    Planning & investor docs
    Nearby planning applications, EPC, floor plans, Land Registry and HMO checks unlock with a free trial.

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    FAQ

    Questions

    About 2, Morledge Street, Leicester LE1

    How much is 2, Morledge Street, Leicester LE1?
    The asking price is £70,000.
    What kind of property is 2, Morledge Street, Leicester LE1?
    A 1-bedroom flat in LE1 1ST.

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    More nearby

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